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Smart-Core Holdings Reports 2024 Financial Results: Revenue Decline but Profit Increase

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Smart-Core Holdings Reports 2024 Financial Results: Revenue Decline but Profit Increase

Smart-Core Holdings Ltd. ( (HK:2166) ) has issued an announcement.

Smart-Core Holdings Ltd. reported a significant decline in total revenue and gross profit for the year ended December 31, 2024, with an 18% decrease in revenue and a 29.4% drop in gross profit compared to the previous year. Despite these declines, the company achieved a 41.1% increase in net profit attributable to its owners, reaching HK$100.3 million, and announced a final dividend of HK10 cents per share, indicating a positive outlook for shareholders.

More about Smart-Core Holdings Ltd.

Smart-Core Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the financial sector. The company is listed on the Hong Kong Stock Exchange and focuses on providing various financial services.

YTD Price Performance: 1.29%

Average Trading Volume: 239,100

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$796.6M

For a thorough assessment of 2166 stock, go to TipRanks’ Stock Analysis page.

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